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The Current Status of Power Purchase

Renewable Energy

As of the end of December 2023, the contracts for renewable energy power generation systems for electricity sales totaled 55,385, with a total installed capacity of 13,921 MW.:

The current status of renewable energy power purchase
Source Contract Purchasing Capacity 
(MW)
Solar 55,155 11,385
Wind 146 2,222
Hydro and others 84 314
Total 55,385 13,921

 

Renewable energy power purchase in the last 5 years 
Year Power Purchased
(TWh)
Fee
(billion NT$)
Average Purchase Rate
(NT$/ Per kWh)
2019 5.79 24.88 4.26
2020 7.67 35.33 4.65
2021 9.17 42.60 4.69
2022 12.70 58.88 4.75
2023 17.39 90.50 5.20

 

Independent Power Plant (IPP)

Number of agreements: There are 9 IPPs operated at present, with 8280.5 MW purchase capacity in total. There are 2 coal power plants (3,108.6MW) and 7 LNG power plants (5171.9MW)

Term of purchase agreement: 25 years from the operating date.

IPP power purchase in the last five years
Year Power Purchased
(TWh)
Fee
(billion NT$)
Average Purchase Rate
(NT$/ Per kWh)
2019 39.36 112.45 2.88
2020 40.59 103.51 2.57
2021 42.66 95.49 2.25
2022 43.74 164.56 3.79
2023 45.10 188.19 4.17

 

Cogeneration

As of the end of December 2023, there are 48 cogeneration operators have signed the power purchase agreement with Taipower. The total installed capacity is 4,940 MW, with a peak guaranteed capacity of 1,917 MW. The distribution by fuel type is as follows:

The current status of cogeneration power purchase
Fuel Number Capacity
(MW)
Firm capacity of peak period
(MW)
Coal 20 4,288 1,466
Gasoline  2 25 0
Biogas and Waste 26 627 451
Total 48 4,940 1,917

 

Contract Valid Period: The contract is valid for one year and can be terminated by mutual agreement at any time. If no written objections are raised before the contract expires, it will automatically extend for another year and the procedure will apply thereafter.

Cogeneration purchase in the last five years
Year Power Purchased
(TWh)
Fee
(billion NT$)
Average Purchase Rate
(NT$/ Per kWh)
2019 6.88 14.31 2.06
2020 6.79 13.88 2.04
2021 7.84 18.77 2.39
2022 6.05 21.54 3.55
2023 8.30 25.51 3.07

 

According to the “Cogeneration System Implementation Regulations”, power purchase from cogeneration includes the electricity generated from waste and biogas.
According to the power purchase agreement, routine maintenance of the cogeneration units should be scheduled in the non-summer months (outside the period from May 16 to October 15). Therefore, the off-peak season of selling electricity from contracted qualified cogeneration systems often occurs during the air pollution season (January, February, March, October, November, and December) resulting in a comparatively significant decrease in electricity sales compared to the non-air pollution season (April to September). The generation conditions are illustrated in the following chart:

The Comparison Chart of Power Generation by Contracted Qualified Cogeneration Systems Between Air Pollution Season and Non-Air Pollution Season in 2023:

 Purchase Quantity Chart